Will I owe taxes if I sell my bullion coins at a profit?

U.S. Customers:

Yes. If you hold bullion as an investment and later sell it at a profit you will have a taxable gain. Consult your tax professional for guidance.

As a dealer, we are required to report certain transactions to the IRS on a 1099, including purchases of 1,000 oz. or more of silver bars and/or rounds per transaction, 25 oz. or more of foreign gold coins, and 1 kilo or more of gold per transaction.